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Established & Profitable Full-Service Hair Studio / Salon
North CarolinaListing DetailsOffice ID: SALON7
Status: Active
Listing Broker: Joe Vagnone
Listing Price: $75,000
Gross Revenue: $330,257
Cash Flow: $65,171
FF&E Included: Yes
Sales Structure: Asset Sale
Seller Financing: Yes
Financing/Terms:
Seller will consider some financing to the right, qualified buyer.
Reason for Sale:
Seller wishes to semi-retire.
Training:
Seller will train a new owner - length of time and required salary are negotiable.
OperationsYear Established: 2002
Form of Ownership: S Corp
Employees (full-time): 8
Employees (part-time): 3
Managers: 1
Summary
Business Description:
Your chance to own a long-established, profitable full-service salon has arrived. Located in the heart of fast-growing Lake Norman, this 19-year-old business is this area’s top-rated salon offering a wide variety of services such as:
  • Women’s and Men’s Cuts
  • All-over color
  • Root Touch Up
  • Full / Partial Highlight
  • Balayage / Fashion Color
  • Special Event Up Do
  • Conditioning Treatments
  • Extensions
  • Brazilian Blowout
  • Makeup
  • Facial Wax This successful salon’s name has a top-notch reputation and name recognition, and enjoys a 4.6 star Google rating. Designed by the seller for maximum efficiency, the facility is not only beautiful but is well-maintained and managed, and currently serves an average of 200 clients per week. Stylist retention is high, with 5-10 years of average service. The growth potential for a new owner is extremely high, with competitive pricing and a reputation for quality already in place. Inquire today!

Historical Summary:
The seller started this business 19 years ago, and is now considered one of the top salons in the area, boasting a database of many thousands of customers since the installation of the computer system  in 2005.
Owner Qualifications:
Good business skills, customer service / people skills, and someone good at marketing and social media.

Competition:
With many, many competitors in the area, this upscale salon competes on the basis of location.
Potential Growth:
The potential growth of this salon is limited only to the creativity and marketing savvy of a new owner.
LocationType of Location: Stand Alone
Real Estate for Sale: Yes
Monthly Rent: $5,100
Square Footage: 2083
Facilities:

This salon is located in a stand-alone building in the heart of the Lake Norman area.


Last Updated: Nov 15, 2021 / 7:16 AM
Financial Information Current As Of: Nov 15, 2021 / 7:16 AM